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Benzinga
Benzinga
Business
Mark Putrino

Stock Of The Day: Stellantis Faces Uncertainty, But Could Support Trigger A Rally?

Stellantis STLA Carlos Tavares

Shares of Stellantis N.V. (NYSE:STLA) traded lower on Monday. In a move that has investors concerned and confused, CEO Carlos Tavares has resigned. This comes as a surprise because two months ago he said that he would retire in 2026.

As you can see on the chart, shares have dropped over 40% this year. However, a potential bottom may be forming, making it our Stock of the Day.

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